Who owns BTE (BTE)
Which tracked institutional funds hold BTE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BTE company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
74 tracked funds added or opened BTE while 28 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BTE’s largest tracked holder by dollar value, Juniper Capital Advisors, L.P., sizes it at 66.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 66.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BTE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 177 tracked filers holding BTE, 110 increased or opened the position and 60 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BTE between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 22
- VANGUARD CAPITAL MANAGEMENT LLC$88M
- VANGUARD FIDUCIARY TRUST CO$27M
- Man Group plc$12M
- Vanguard Global Advisers, LLC$10M
- Bridgewater Associates, LP$7M
- Grantham, Mayo, Van Otterloo & Co. LLC$6M
Full exits 7
- VANGUARD GROUP INC$62M
- Point72 Asset Management, L.P.$4M
- SIR Capital Management, L.P.$3M
- BTG Pactual Asset Management US LLC$2M
- PICTON MAHONEY ASSET MANAGEMENT$1M
- PORTLAND INVESTMENT COUNSEL INC.$912K
Largest adds
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$91M
- Connor, Clark & Lunn Investment Management Ltd.$82M
- D. E. Shaw & Co., Inc.$59M
- Encompass Capital Advisors LLC$45M
- GOLDMAN SACHS GROUP INC$43M
- JANE STREET GROUP, LLC$33M
Largest trims
- Juniper Capital Advisors, L.P.$83M
- CITADEL ADVISORS LLC$4M
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC$4M
- CoreCommodity Management, LLC$3M
- ACADIAN ASSET MANAGEMENT LLC$3M
- GEODE CAPITAL MANAGEMENT, LLC$2M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Juniper Capital Advisors, L.P. trimmed | 49,701,895 | $222M | 12.5% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 39,829,373 | $178M | 10.0% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 22,571,938 | $101M | 5.7% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 22,003,118 | $98M | 5.5% | 2026-Q1 |
| Encompass Capital Advisors LLC added | 20,071,614 | $90M | 5.1% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 19,746,049 | $88M | 5.0% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 17,268,220 | $77M | 4.4% | 2026-Q1 |
| TD Asset Management Inc added | 13,489,894 | $60M | 3.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 10,714,481 | $48M | 2.7% | 2026-Q1 |
| Webs Creek Capital Management LP trimmed | 9,245,458 | $41M | 2.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 9,087,539 | $41M | 2.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 8,972,358 | $40M | 2.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 7,963,106 | $36M | 2.0% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 10,206,145 | $33M | 1.9% | 2026-Q1 |
| MORGAN STANLEY added | 7,003,217 | $31M | 1.8% | 2026-Q1 |
| INTACT INVESTMENT MANAGEMENT INC. trimmed | 6,506,300 | $29M | 1.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 6,036,921 | $27M | 1.5% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 5,970,280 | $27M | 1.5% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 5,471,800 | $24M | 1.4% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 4,908,778 | $22M | 1.2% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 4,653,401 | $21M | 1.2% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 4,605,234 | $21M | 1.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 4,353,530 | $19M | 1.1% | 2026-Q1 |
| Nuveen, LLC added | 3,867,937 | $17M | 1.0% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 3,539,927 | $16M | 0.9% | 2026-Q1 |
| UBS Group AG trimmed | 3,461,661 | $15M | 0.9% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD added | 3,310,085 | $15M | 0.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,158,528 | $14M | 0.8% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 2,877,263 | $13M | 0.7% | 2026-Q1 |
| PCJ Investment Counsel Ltd. added | 2,805,993 | $13M | 0.7% | 2026-Q1 |
| Man Group plc added | 2,693,630 | $12M | 0.7% | 2026-Q1 |
| HITE Hedge Asset Management LLC trimmed | 2,327,328 | $10M | 0.6% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 2,159,952 | $10M | 0.5% | 2026-Q1 |
| Vontobel Holding Ltd. added | 2,030,000 | $9M | 0.5% | 2026-Q1 |
| Thomist Capital Management, LP trimmed | 1,885,306 | $8M | 0.5% | 2026-Q1 |
| SCOTIA CAPITAL INC. added | 1,870,481 | $8M | 0.5% | 2026-Q1 |
| Bridgewater Associates, LP new | 1,638,670 | $7M | 0.4% | 2026-Q1 |
| Swiss National Bank | 1,369,488 | $6M | 0.3% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec trimmed | 1,352,458 | $6M | 0.3% | 2026-Q1 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 1,303,300 | $6M | 0.3% | 2026-Q1 |
| Quantbot Technologies LP added | 1,165,461 | $5M | 0.3% | 2026-Q1 |
| Hartree Partners, LP trimmed | 1,000,000 | $4M | 0.3% | 2026-Q1 |
| Aquatic Capital Management LLC added | 879,852 | $4M | 0.2% | 2026-Q1 |
| TORONTO DOMINION BANK added | 869,851 | $4M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 744,430 | $3M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 687,804 | $3M | 0.2% | 2026-Q1 |
| Quadrature Capital Ltd added | 685,440 | $3M | 0.2% | 2026-Q1 |
| XTX Topco Ltd added | 653,287 | $3M | 0.2% | 2026-Q1 |
| Vident Advisory, LLC new | 633,471 | $3M | 0.2% | 2026-Q1 |
| CIBC Asset Management Inc added | 629,330 | $3M | 0.2% | 2026-Q1 |
| Legal & General Group Plc added | 611,165 | $3M | 0.2% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 587,155 | $3M | 0.1% | 2026-Q1 |
| Mariner, LLC trimmed | 585,068 | $3M | 0.1% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 571,906 | $3M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 568,879 | $3M | 0.1% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 559,206 | $3M | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 536,589 | $2M | 0.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 497,721 | $2M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 462,685 | $2M | 0.1% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 437,266 | $2M | 0.1% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed | 421,090 | $2M | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC added | 406,986 | $2M | 0.1% | 2026-Q1 |
| Invesco Ltd. trimmed | 376,519 | $2M | 0.1% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 365,916 | $2M | 0.1% | 2026-Q1 |
| Jump Financial, LLC added | 335,792 | $2M | 0.1% | 2026-Q1 |
| SIG North Trading, ULC trimmed | 319,160 | $1M | 0.1% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 295,953 | $1M | 0.1% | 2026-Q1 |
| Numerai GP LLC trimmed | 291,827 | $1M | 0.1% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 275,721 | $1M | 0.1% | 2026-Q1 |
| Police & Firemen's Retirement System of New Jersey | 246,422 | $1M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans new | 245,673 | $1M | 0.1% | 2026-Q1 |
| BANK OF NOVA SCOTIA added | 239,986 | $1M | 0.1% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 237,471 | $1M | 0.1% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 245,491 | $1M | 0.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 209,689 | $937K | 0.1% | 2026-Q1 |
| Vanguard Personalized Indexing Management, LLC trimmed | 203,607 | $910K | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 193,065 | $860K | 0.0% | 2026-Q1 |
| Aigen Investment Management, LP added | 190,243 | $850K | 0.0% | 2026-Q1 |
| Alberta Investment Management Corp trimmed | 175,420 | $785K | 0.0% | 2026-Q1 |
| Vanguard Investments Australia, Ltd. new | 173,885 | $777K | 0.0% | 2026-Q1 |
| Tidal Investments LLC added | 170,659 | $763K | 0.0% | 2026-Q1 |
| BlackRock, Inc. added | 169,082 | $756K | 0.0% | 2026-Q1 |
| VAN DEN BERG MANAGEMENT I, INC trimmed | 166,027 | $742K | 0.0% | 2026-Q1 |
| OXFORD ASSET MANAGEMENT LLP new | 165,144 | $738K | 0.0% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 157,100 | $702K | 0.0% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 156,100 | $698K | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 19,039,987 | $62M | 3.5% | 2025-Q4 stale |
| Canoe Financial LP new | 8,304,327 | $19M | 1.1% | 2025-Q3 stale |
| Sourcerock Group LLC added | 3,520,550 | $8M | 0.4% | 2025-Q1 stale |
| Ninepoint Partners LP trimmed | 2,800,000 | $6M | 0.4% | 2025-Q1 stale |
| MARSHALL WACE, LLP added | 2,457,211 | $5M | 0.3% | 2025-Q1 stale |
| ROYCE & ASSOCIATES LP trimmed | 2,829,083 | $5M | 0.3% | 2025-Q2 stale |
| FMR LLC trimmed | 2,335,964 | $4M | 0.2% | 2025-Q2 stale |
| Point72 Asset Management, L.P. added | 1,277,346 | $4M | 0.2% | 2025-Q4 stale |
| SIR Capital Management, L.P. trimmed | 814,000 | $3M | 0.1% | 2025-Q4 stale |
| BTG Pactual Asset Management US LLC new | 633,954 | $2M | 0.1% | 2025-Q4 stale |
| AXA S.A. added | 1,130,528 | $2M | 0.1% | 2025-Q2 stale |
| PICTON MAHONEY ASSET MANAGEMENT new | 410,772 | $1M | 0.1% | 2025-Q4 stale |
| HSBC HOLDINGS PLC trimmed | 491,593 | $1M | 0.1% | 2025-Q3 stale |
| PORTLAND INVESTMENT COUNSEL INC. | 280,300 | $912K | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.